Thomas Renna's CommentsThomas Renna's Comments RSS Syndication from SeekingAlpha.comhttps://seekingalpha.com/user/1238391/comments
Under Armour Is Worth The Riskhttps://seekingalpha.com/article/3961138-armour-worth-risk?source=feed#comment-76263946
76263946http://bit.ly/1pNpmm5]]>Wed, 20 Sep 2017 08:38:11 -0400http://bit.ly/1pNpmm5]]>Under Armour Is Worth The Riskhttps://seekingalpha.com/article/3961138-armour-worth-risk?source=feed#comment-76263934
76263934Wed, 20 Sep 2017 08:36:24 -0400Under Armour Is Worth The Riskhttps://seekingalpha.com/article/3961138-armour-worth-risk?source=feed#comment-76263926
76263926I was trying telling everyone but nobody would listen Everybody wanted to arm wrestle with me. Stock has fallen from $48 to $15]]>Wed, 20 Sep 2017 08:35:13 -0400I was trying telling everyone but nobody would listen Everybody wanted to arm wrestle with me. Stock has fallen from $48 to $15]]>Caterpillar sees rise in new equipment ordershttps://seekingalpha.com/news/3275300?source=feed#comment-75501474
75501474Two CoFounders of Titan filed Form 4's with SEC this past month Selling Shares and SIX Directors have resigned including the President within past 24 months.

http://bit.ly/2taOp7t]]>Mon, 26 Jun 2017 11:31:00 -0400Two CoFounders of Titan filed Form 4's with SEC this past month Selling Shares and SIX Directors have resigned including the President within past 24 months.

http://bit.ly/2taOp7t]]>Caterpillar: It Is Not All Doom And Gloom But It Is Not A Buy Eitherhttps://seekingalpha.com/article/4077617-caterpillar-doom-gloom-buy-either?source=feed#comment-75275527
75275527They closed a bunch of stores over last couple years already.

the company has been liquidating inventory vis AUCTIONS (alternative channels) to raise cash to meet debt obligations.

After this SEC FILING this week it doesn't sound like the chairman has much confidence any more. The coFounder resigned already as a director and as the President of Company and still hasn't been replaced in over a year.

i wrote a morning note about titan today . my morning note TITAN Chairman Excited on Conference Call DUMPS STOCK Next Day AT 3 YEAR HIGH http://tinyurl.com/y94...]]>Wed, 31 May 2017 10:59:43 -0400They closed a bunch of stores over last couple years already.

the company has been liquidating inventory vis AUCTIONS (alternative channels) to raise cash to meet debt obligations.

After this SEC FILING this week it doesn't sound like the chairman has much confidence any more. The coFounder resigned already as a director and as the President of Company and still hasn't been replaced in over a year.

i wrote a morning note about titan today . my morning note TITAN Chairman Excited on Conference Call DUMPS STOCK Next Day AT 3 YEAR HIGH http://tinyurl.com/y94...]]>Titan Machinery Is Not The Short It Looks Likehttps://seekingalpha.com/article/4065471-titan-machinery-short-looks-like?source=feed#comment-74982171
74982171You mention that you didn't you see anything that the company has done that is criminal so you don't see the company blowing up.I think it would take a criminal investigator to make that decision.For instance , has any agency ever investigated the suspicious trading in the stock prior to the 8K filing when the auditor suddenly resigned? http://tinyurl.com/kkc...Have you or any agency ever investigated the suspicious trading in the stock on the session prior to the company issuing a press release that the company announced they were abruptly closing stores?Has any agency ever investigated the lack of "related party transactions" disclosure regarding the construction company that has done the work building out locations. http://tinyurl.com/mya...In the quarter that the company inflated their assets and under reported losses by 50%, has any agency ever investigated that disclosure? http://tinyurl.com/k9x...Has any agency investigated the HYPE EPS estimates made by the Penny Stock Firm located in Minnesota (FELTL) saying the company would earn $0.37, only to see the company report a loss of over a ($1.00) 6 months later? http://tinyurl.com/ke4...Has any agency investigated who is running Dealer Sites? You mention Dealer Sites had those lease agreements with Titan prior to going public but the percentage ownership of 30% is incorrect. It was nearly 100%. Are you aware that in 2013 they increased the lease agreement from $50 million to over $100 million?Does anyone know how many of the stores that still remain are on properties owned by Dealer Sites? Have any of the stores that closed on property owned by Dealer Sites?Was there anything wrong When the Chairman hyped up his stock when he was featured on CNBC Mad Money with Jim Cramer and then 30 days later he and the CEO sold 500,000 shares @ $28 (note there are only 21 million shares out).http://tinyurl.com/lpo...More notes on Selling into Hype here .. http://tinyurl.com/kk4...

I am not sure if any of these activities are criminal, I'm just not as confident as you that they are not.

I can dig up more notes later to post here.

As far as risk reward in owning shares here at the $15 level, what are your thoughts?

The company this month said they were closing 15 USA stores by July 31st (almost 20% of USA locations) and gave guidance that sales will decline in FY2018 and they company would not be profitable again for the 4th consecutive year.

If they were to earn $0.05 a share in FY2019 , do you think the company deserves a Price Earnings Multiple of 300 based on FY2019 earnings estimates?

You mention that the company has available Credit of $500 Million, but that is not really true because the covenants of their Loan agreements won't permit them to exceed their current ratios.

Although you correctly note that the company "had" $52 million on Jan 31,2017, that number has declined after they paid out $15 million to WFC since that date.There's so so much more for me to comment about this company but I have to go somewhere this morning.

http://tinyurl.com/lzx...]]>Fri, 28 Apr 2017 09:39:09 -0400You mention that you didn't you see anything that the company has done that is criminal so you don't see the company blowing up.I think it would take a criminal investigator to make that decision.For instance , has any agency ever investigated the suspicious trading in the stock prior to the 8K filing when the auditor suddenly resigned? http://tinyurl.com/kkc...Have you or any agency ever investigated the suspicious trading in the stock on the session prior to the company issuing a press release that the company announced they were abruptly closing stores?Has any agency ever investigated the lack of "related party transactions" disclosure regarding the construction company that has done the work building out locations. http://tinyurl.com/mya...In the quarter that the company inflated their assets and under reported losses by 50%, has any agency ever investigated that disclosure? http://tinyurl.com/k9x...Has any agency investigated the HYPE EPS estimates made by the Penny Stock Firm located in Minnesota (FELTL) saying the company would earn $0.37, only to see the company report a loss of over a ($1.00) 6 months later? http://tinyurl.com/ke4...Has any agency investigated who is running Dealer Sites? You mention Dealer Sites had those lease agreements with Titan prior to going public but the percentage ownership of 30% is incorrect. It was nearly 100%. Are you aware that in 2013 they increased the lease agreement from $50 million to over $100 million?Does anyone know how many of the stores that still remain are on properties owned by Dealer Sites? Have any of the stores that closed on property owned by Dealer Sites?Was there anything wrong When the Chairman hyped up his stock when he was featured on CNBC Mad Money with Jim Cramer and then 30 days later he and the CEO sold 500,000 shares @ $28 (note there are only 21 million shares out).http://tinyurl.com/lpo...More notes on Selling into Hype here .. http://tinyurl.com/kk4...

I am not sure if any of these activities are criminal, I'm just not as confident as you that they are not.

I can dig up more notes later to post here.

As far as risk reward in owning shares here at the $15 level, what are your thoughts?

The company this month said they were closing 15 USA stores by July 31st (almost 20% of USA locations) and gave guidance that sales will decline in FY2018 and they company would not be profitable again for the 4th consecutive year.

If they were to earn $0.05 a share in FY2019 , do you think the company deserves a Price Earnings Multiple of 300 based on FY2019 earnings estimates?

You mention that the company has available Credit of $500 Million, but that is not really true because the covenants of their Loan agreements won't permit them to exceed their current ratios.

Although you correctly note that the company "had" $52 million on Jan 31,2017, that number has declined after they paid out $15 million to WFC since that date.There's so so much more for me to comment about this company but I have to go somewhere this morning.

http://tinyurl.com/lzx...]]>Farm Credit Problems Could Lead To Trouble For Ag Equipment Sectorhttps://seekingalpha.com/article/4060864-farm-credit-problems-lead-trouble-ag-equipment-sector?source=feed#comment-74814122
74814122http://bit.ly/2oJpCGa]]>Fri, 07 Apr 2017 11:20:53 -0400http://bit.ly/2oJpCGa]]>Farm Credit Problems Could Lead To Trouble For Ag Equipment Sectorhttps://seekingalpha.com/article/4060864-farm-credit-problems-lead-trouble-ag-equipment-sector?source=feed#comment-74812216
74812216Fri, 07 Apr 2017 08:43:21 -0400Farm Credit Problems Could Lead To Trouble For Ag Equipment Sectorhttps://seekingalpha.com/article/4060864-farm-credit-problems-lead-trouble-ag-equipment-sector?source=feed#comment-74809376
74809376The weakest link is the public company Titan Machinery.Unlike the manufacturers Caterpillar, Deere and CNHI , Titan is nothing more than a third party dealer. Titan overpaid for private mom and pop operations and have closed 11 locations since 2015 and are schedule to close 15 more by July 2017.Titan cash position was $52 million on January 31, 2017 and they just spent $15 million in Q1 to pay debt. This company's cash position is now under $40 million. Only other assets they have are used equipment that they have been selling at a loss for 3 years now and new equipment that they pay interest on (floorplan debt).Titan's business model is doomed.The company trading above a $300 million market capitalization is ridiculous.In 2014 the stock was at $15 ($300M mkt cap) when they company generated $2.2 Billion in sales and was profitable. Since then the company loss ($84 Million) and they generated less than $800 million in equipment sales for FY2017, as reported last week.Closing 15 more locations will not help their top line and Chairman said on CC last week that both AG and Construction equipment sales will decline further in FY2018.This is not a growth stock and should not be trading at the PE multiple it is trading at. FY2019 EPS estimates are $0.25. Stock is trading at FWD PE FY2019 EPS Multiple of 60 At best this is a cyclical stock that could fetch a PE of 8. or $4.00 a share.HUGE UPSIDE in the PUTS, small risk to bears in my opinion, why in world would anyone buy this stock at $15? and then there's the Securities and Exchange Commission who has recently sent them a Comment letter in January 2017 regarding their FY2016 10K. SEC also sent comment letters for prior 10K and prior DEF14A.there's plenty of suspicious trading and dealings going on at Titan.you can see quite a bit of research here . http://bit.ly/2o9LaL9]]>Thu, 06 Apr 2017 20:18:25 -0400The weakest link is the public company Titan Machinery.Unlike the manufacturers Caterpillar, Deere and CNHI , Titan is nothing more than a third party dealer. Titan overpaid for private mom and pop operations and have closed 11 locations since 2015 and are schedule to close 15 more by July 2017.Titan cash position was $52 million on January 31, 2017 and they just spent $15 million in Q1 to pay debt. This company's cash position is now under $40 million. Only other assets they have are used equipment that they have been selling at a loss for 3 years now and new equipment that they pay interest on (floorplan debt).Titan's business model is doomed.The company trading above a $300 million market capitalization is ridiculous.In 2014 the stock was at $15 ($300M mkt cap) when they company generated $2.2 Billion in sales and was profitable. Since then the company loss ($84 Million) and they generated less than $800 million in equipment sales for FY2017, as reported last week.Closing 15 more locations will not help their top line and Chairman said on CC last week that both AG and Construction equipment sales will decline further in FY2018.This is not a growth stock and should not be trading at the PE multiple it is trading at. FY2019 EPS estimates are $0.25. Stock is trading at FWD PE FY2019 EPS Multiple of 60 At best this is a cyclical stock that could fetch a PE of 8. or $4.00 a share.HUGE UPSIDE in the PUTS, small risk to bears in my opinion, why in world would anyone buy this stock at $15? and then there's the Securities and Exchange Commission who has recently sent them a Comment letter in January 2017 regarding their FY2016 10K. SEC also sent comment letters for prior 10K and prior DEF14A.there's plenty of suspicious trading and dealings going on at Titan.you can see quite a bit of research here . http://bit.ly/2o9LaL9]]>Putting Under Armour In Its Placehttps://seekingalpha.com/article/4060689-putting-armour-place?source=feed#comment-74801280
74801280I'm mostly concerned why the Company has a third CFO in less than 18 months. http://bit.ly/1pNpmm5]]>Thu, 06 Apr 2017 08:03:35 -0400I'm mostly concerned why the Company has a third CFO in less than 18 months. http://bit.ly/1pNpmm5]]>Titan Machinery: Titanic Downside Riskhttps://seekingalpha.com/article/3691976-titan-machinery-titanic-downside-risk?source=feed#comment-74791497
74791497http://bit.ly/2o9LaL9]]>Wed, 05 Apr 2017 09:53:21 -0400http://bit.ly/2o9LaL9]]>Titan Machinery: Titanic Downside Riskhttps://seekingalpha.com/article/3691976-titan-machinery-titanic-downside-risk?source=feed#comment-74791488
74791488http://bit.ly/2o9LaL9]]>Wed, 05 Apr 2017 09:52:53 -0400http://bit.ly/2o9LaL9]]>Titan Machinery: Titanic Downside Riskhttps://seekingalpha.com/article/3691976-titan-machinery-titanic-downside-risk?source=feed#comment-74743583
74743583That is a total of $84 million in losses over last 3 years. stock trades above $300 million mkt cap.there is not much left at the company. closing 12 more stores. they guided this morning that ag and construction sales will both be lower in fy 2018.their current liabilities are over $400 million and they have a mere $50 million cash and a bunch of inventory that when they sell it , they lose money on their sale.they lease their locations from a private entity that management has an equity interest in. the founder resigned as president and as a board member and company still discloses on their website that PC is still president , meanwhile its been 2 years that he has resigned and company still has not filled the President seat. (i know you asked the question to the author but i happen to see it and thought i would take a shot at answering you.]]>Thu, 30 Mar 2017 10:39:16 -0400That is a total of $84 million in losses over last 3 years. stock trades above $300 million mkt cap.there is not much left at the company. closing 12 more stores. they guided this morning that ag and construction sales will both be lower in fy 2018.their current liabilities are over $400 million and they have a mere $50 million cash and a bunch of inventory that when they sell it , they lose money on their sale.they lease their locations from a private entity that management has an equity interest in. the founder resigned as president and as a board member and company still discloses on their website that PC is still president , meanwhile its been 2 years that he has resigned and company still has not filled the President seat. (i know you asked the question to the author but i happen to see it and thought i would take a shot at answering you.]]>Under Armour - The Great Growth Story Will Continuehttps://seekingalpha.com/article/4046607-armour-great-growth-story-will-continue?source=feed#comment-74370189
74370189Company has over $1 billion in debt. S&P downgraded the debt to junk.Will the Next underwriting be on the debt side or an equity raise? If it's on the equity side, how many shares will they need to issue and at what price? How much will it dilute the shares outstanding? asking for a friend.

http://bit.ly/1pNpmm5]]>Thu, 16 Feb 2017 09:25:15 -0500Company has over $1 billion in debt. S&P downgraded the debt to junk.Will the Next underwriting be on the debt side or an equity raise? If it's on the equity side, how many shares will they need to issue and at what price? How much will it dilute the shares outstanding? asking for a friend.

and another warning in Oct 2016]]>Geron beats by $0.02, misses on revenuehttps://seekingalpha.com/news/3199406?source=feed#comment-72928840
72928840I found a crowdfunding stock that traded above $4 at one time and is now under $0.20 cents a share that is worth taking a look at.

Its in the crowdfunding space which is still in its infancy and only became legal in the USA on May 16,2016.

http://tinyurl.com/jyb...]]>Mon, 15 Aug 2016 07:22:19 -0400I found a crowdfunding stock that traded above $4 at one time and is now under $0.20 cents a share that is worth taking a look at.

Its in the crowdfunding space which is still in its infancy and only became legal in the USA on May 16,2016.

http://tinyurl.com/jyb...]]>The Race Under Armour Will Losehttps://seekingalpha.com/article/3994257-race-armour-will-lose?source=feed#comment-72928807
72928807Company had negative operational cash flow for FY 2015 and just generated negative cash flow in Q1 and Q2. Luckily, company was able to tap the Credit market and borrow cash in Q2 otherwise they would have been out of cash. #SHORT Pick.

http://tinyurl.com/jyb...]]>Mon, 15 Aug 2016 07:15:08 -0400Company had negative operational cash flow for FY 2015 and just generated negative cash flow in Q1 and Q2. Luckily, company was able to tap the Credit market and borrow cash in Q2 otherwise they would have been out of cash. #SHORT Pick.

http://tinyurl.com/jyb...]]>To Be Takei II, The Wrath Of Crowdfundinghttps://seekingalpha.com/instablog/29817445-the-nattering-naybob/3488745-to-be-takei-ii-the-wrath-of-crowdfunding?source=feed#comment-72928760
72928760http://tinyurl.com/jyb...]]>Mon, 15 Aug 2016 07:00:31 -0400http://tinyurl.com/jyb...]]>Soft read on women's sales behind the Under Armour slidehttps://seekingalpha.com/news/3172514?source=feed#comment-71995619
71995619He last sold in Nov 12th. $90+

The negative Cash Flow from Operations for FY2015 should have investors running away from this stock at this high PE valuation.Company only had $129 million in cash on December 31,2015 and trades at $18 Billion valuation.http://bit.ly/1pNpmm5]]>Tue, 12 Apr 2016 08:49:46 -0400He last sold in Nov 12th. $90+

The negative Cash Flow from Operations for FY2015 should have investors running away from this stock at this high PE valuation.Company only had $129 million in cash on December 31,2015 and trades at $18 Billion valuation.http://bit.ly/1pNpmm5]]>Negative Rates Could Send S&P 500 To 925 If Not Eliminatedhttps://seekingalpha.com/article/3964512-negative-rates-send-s-and-p-500-925-eliminated?source=feed#comment-71995045
71995045http://bit.ly/22qoC2k]]>Tue, 12 Apr 2016 07:11:20 -0400http://bit.ly/22qoC2k]]>Yen Volatility Is Leading Indicator For Market Sell-Offshttps://seekingalpha.com/article/3964464-yen-volatility-leading-indicator-market-sell-offs?source=feed#comment-71993853
71993853http://bit.ly/22qoC2k]]>Mon, 11 Apr 2016 23:08:19 -0400http://bit.ly/22qoC2k]]>Yen Volatility Is Leading Indicator For Market Sell-Offshttps://seekingalpha.com/article/3964464-yen-volatility-leading-indicator-market-sell-offs?source=feed#comment-71993788
71993788The guru list included veterens Nouriel Roubini, Jeremy Grantham Doug Kass, Michael Markowski, Bill Gross, Mohamed El Erian, Robert Prechter, George Soros, Dylan Ratigan, David Rosenberg, Bill Fleckentstein...At the time of those predictions, none of these market veterans had any idea that the United States Government would be buying stocks in the market place.Michael is in pretty good company. He is making an observation in his article, whether he is right or wrong, he makes a great argument why this market is headed lower. Instead of pointing to an old article, why not point out what points in his current report that you disagree with and give your bull case and have a healthy intelligent conversation. just saying.

http://read.bi/1N5mIm4]]>Mon, 11 Apr 2016 22:56:43 -0400The guru list included veterens Nouriel Roubini, Jeremy Grantham Doug Kass, Michael Markowski, Bill Gross, Mohamed El Erian, Robert Prechter, George Soros, Dylan Ratigan, David Rosenberg, Bill Fleckentstein...At the time of those predictions, none of these market veterans had any idea that the United States Government would be buying stocks in the market place.Michael is in pretty good company. He is making an observation in his article, whether he is right or wrong, he makes a great argument why this market is headed lower. Instead of pointing to an old article, why not point out what points in his current report that you disagree with and give your bull case and have a healthy intelligent conversation. just saying.

http://read.bi/1N5mIm4]]>Under Armour Is Worth The Riskhttps://seekingalpha.com/article/3961138-armour-worth-risk?source=feed#comment-71946434
71946434http://bit.ly/21a0UvW]]>Tue, 05 Apr 2016 12:15:03 -0400http://bit.ly/21a0UvW]]>2 Very Ripe Perfect Shortshttps://seekingalpha.com/article/3959078-2-ripe-perfect-shorts?source=feed#comment-71891098
71891098I agree with SIG DRII Whittier your thoughts on TITAN?]]>Tue, 29 Mar 2016 16:31:48 -0400I agree with SIG DRII Whittier your thoughts on TITAN?]]>2 Very Ripe Perfect Shortshttps://seekingalpha.com/article/3959078-2-ripe-perfect-shorts?source=feed#comment-71889025
71889025TITN was upgraded by Baird recently and Craig Hallum has a $13 price target. FELTL came out and said TITN will "easily be worth $40 in 3 to 5 years"TITN came out with this announcement on March 17th saying they would lose ($1.25) in Q4.and gave FY2017 guidance that they will not be profitable.The following day Craif Hallum lowered Q4 EPS best to to a lose of $0.10 and Feltl said TITAN would be profitable in FY2017Not sure how these analyst can say what they sayhttp://bit.ly/1SiutUm]]>Tue, 29 Mar 2016 12:55:32 -0400TITN was upgraded by Baird recently and Craig Hallum has a $13 price target. FELTL came out and said TITN will "easily be worth $40 in 3 to 5 years"TITN came out with this announcement on March 17th saying they would lose ($1.25) in Q4.and gave FY2017 guidance that they will not be profitable.The following day Craif Hallum lowered Q4 EPS best to to a lose of $0.10 and Feltl said TITAN would be profitable in FY2017Not sure how these analyst can say what they sayhttp://bit.ly/1SiutUm]]>Under Armour Is Worth The Riskhttps://seekingalpha.com/article/3961138-armour-worth-risk?source=feed#comment-71878748
71878748Mon, 28 Mar 2016 08:50:00 -0400Under Armour Is Worth The Riskhttps://seekingalpha.com/article/3961138-armour-worth-risk?source=feed#comment-71877757
71877757I already pointed out the weak balance sheet.Only thing you cleared up is to reinforce that there is no BULL Case for this Stock at an $18 Billion valuation.

http://bit.ly/1SitR10]]>Sun, 27 Mar 2016 23:42:05 -0400I already pointed out the weak balance sheet.Only thing you cleared up is to reinforce that there is no BULL Case for this Stock at an $18 Billion valuation.

http://bit.ly/1SitR10]]>Is Deere's Current High ROIC Business Model Sustainable For The Long Term?https://seekingalpha.com/article/3960514-deeres-current-high-roic-business-model-sustainable-long-term?source=feed#comment-71877677
71877677CNHI filed an SEC 6k disclosure this weekend regarding the ongoing European Investigation. CNHI will be taking a $500 Million Q1 hit.TITN announced the other day that they expect to Lose $37 million in FY2016. IN FY2015 TITN loss $31 Million.Titan gave FY2017 guidance that AG sales will fall as much as 18% and that will not be profitable.Titan still manages to trade at a $250 million valuation. Loaded with debt. The property of Some of Titan's locations are own by an outside entity that management has an equity interest. Titan signed $100 million of leases with this outside entity Dealer Sites. So even if they go bankrupt, management should be ok with the land. Shareholders won't do so well.]]>Sun, 27 Mar 2016 23:09:42 -0400CNHI filed an SEC 6k disclosure this weekend regarding the ongoing European Investigation. CNHI will be taking a $500 Million Q1 hit.TITN announced the other day that they expect to Lose $37 million in FY2016. IN FY2015 TITN loss $31 Million.Titan gave FY2017 guidance that AG sales will fall as much as 18% and that will not be profitable.Titan still manages to trade at a $250 million valuation. Loaded with debt. The property of Some of Titan's locations are own by an outside entity that management has an equity interest. Titan signed $100 million of leases with this outside entity Dealer Sites. So even if they go bankrupt, management should be ok with the land. Shareholders won't do so well.]]>Under Armour Is Worth The Riskhttps://seekingalpha.com/article/3961138-armour-worth-risk?source=feed#comment-71877439
71877439They are paying $35 million interest on their debt.I'm sure they are not earning more money sitting on cash than they are paying interest.That Bull point doesn't sell me.Getting paid from their customers?The sports authority isn't paying them the $23 Million they owe.Receivables are up a whopping 55% in Q4 to $433 million, so that is not proof customers are paying..So you're saying it would be foolish to pay off debt and pay interest and instead , choose to stay in cash.You sound like you have no interest in looking at risk.That's none of my business.I just think $18 Billion for a company that has Only $129 million in cash and $670 million in debt is really expensive.I like undervalued stocks.]]>Sun, 27 Mar 2016 22:00:18 -0400They are paying $35 million interest on their debt.I'm sure they are not earning more money sitting on cash than they are paying interest.That Bull point doesn't sell me.Getting paid from their customers?The sports authority isn't paying them the $23 Million they owe.Receivables are up a whopping 55% in Q4 to $433 million, so that is not proof customers are paying..So you're saying it would be foolish to pay off debt and pay interest and instead , choose to stay in cash.You sound like you have no interest in looking at risk.That's none of my business.I just think $18 Billion for a company that has Only $129 million in cash and $670 million in debt is really expensive.I like undervalued stocks.]]>Under Armour Is Worth The Riskhttps://seekingalpha.com/article/3961138-armour-worth-risk?source=feed#comment-71877026
71877026The Sports Authority generated approx $3 billion in sales in FY2015.TSA will be closing 150 of 340 stores in FY2016.Finish Line guided lower this week.Foot Locker announced Feb sales will likely be lower than expected.

What international companies said that the "consumer is EXTREMELY STRONG?" please name some. thanks.

Please continue point by point, the point is the bull case is weak. The bull case is focused on Headlines and not fundamentals.

I think you should look at the fundamentals and measure the amount of risk there is owning this stock at a an $18 Billion valuation.]]>Sun, 27 Mar 2016 20:05:07 -0400The Sports Authority generated approx $3 billion in sales in FY2015.TSA will be closing 150 of 340 stores in FY2016.Finish Line guided lower this week.Foot Locker announced Feb sales will likely be lower than expected.

What international companies said that the "consumer is EXTREMELY STRONG?" please name some. thanks.

Please continue point by point, the point is the bull case is weak. The bull case is focused on Headlines and not fundamentals.

I think you should look at the fundamentals and measure the amount of risk there is owning this stock at a an $18 Billion valuation.]]>